Q1. Illustrate what are the effects of awards paid to heirs of workers judged to have been worked to death in Japan on wages?
Q2. Jackie has the following list of assets:
$45 in coins also currency in her purse
A $100 bill in her jewelry box at home
$1,200 in a local savings account
$500 in a checking account (Jackie never carries her checkbook, however, because she has a debit card that is connected to the checking account.)
40 shares of General Electric stock, which currently sells for $20 every share
$1,000 in a money market mutual fund
$2,000 in a U.S. government bond that matures in five years
Illustrate what is the dollar value of Jackie's assets that are considered part of M2?